Unsustainable Spending Quotes

Everything government touches turns to crap.

What chiefly governs the military budget is the need to spend enormous sums of money in a useless way. The allegedly powerful Pentagon is simply a receptacle for wasteful expenditure, just as a city dump is the receptacle for the refuse of a city.

Congress seems to thrive on breaking promises and passing unfunded mandates down to local government. It's really just a matter of priorities.

And I can tell you that history will back up what I'm about to say and that is that there is no government run by conservatives, Republicans, put whoever you want there, if you give government the opportunity to spend more money than it has, it will do it. It will do it every time.

We are spending a little more than we are raising each year and you wonder how long it can go on. It is too easy for us to borrow.

When your outgo exceeds your income, the upshot may be your downfall.

I'm living so far beyond my income that we may almost be said to be living apart.

In Greece, Italy and, to a lesser extent, France, unsustainable tax cuts and spending sprees added to households' estimates of their private wealth relative to their wage income.

Borrowing 40 cents out of every dollar we spend for missiles or food stamps is unsustainable. And being indebted for generations to China and OPEC does not make American a stronger nation.

Republicans do not have good ideas. Borrowing two trillion dollars from your grandchildren to finance a Social Security scheme that looks like Enron is not a good idea.

Modern economics and the welfare state borrowed heavily on the future.

Credit is of pernicious consequence to that Nation, that uses or encourages it beyond Nature.

Thanks to decades of accumulated federal budget deficits and, more significantly, imprudent Medicare and Social Security policies, we've stolen almost $60 trillion from our children.

The debt and the deficit is just getting out of control, and the administration is still pumping through billions upon trillions of new spending. That does not grow the economy.

Disparity is Australia's worst social problem. Thousands of lives are slowly being crushed, while billions are wasted on thousands of little initiatives trying to 'close the gap.'

For years governments have been promising more than they can deliver, and delivering more than they can afford.

You cannot just keep borrowing more and more and keep spending more and more without eventually having a day of reckoning.

We ask for way too much stuff - way too much stuff. You got a job making $100 a year and bought a house for $3 million. Talking about, 'I don't know what happened with the payment.'

When I came back I had to realize that IC was not in a very good shape - all the much money that we had because of the huge Ideal success, was gone. I was very upset.

We can no longer afford the war in Iraq. Our financial costs have already passed a third of a trillion dollars; the lifetime costs for this war, in both human and economic terms, will be borne by Americans for generations to come.

We aren't living the gospel of democracy and free enterprise today. We are merely preaching it. We have made only half of the combination work, and we've done that superlatively well. Free enterprise booms. But democracy staggers and reels under oppressive debts and inordinate operating costs-both the consequences of political failure.

[Federal deficits] are like an athlete taking steroids. You get a short term boost and long term damage.

When I was young, people lived from paycheck to paycheck. Today, it seems like they live from credit card payment to credit card payment.

Since we were kids, we grow up believing that astronauts are heroes - that to go up in a rocket is a heroic thing. These guys are bigger than movie stars. To me, it's... all a well-dressed-up lie, basically. There's billions spent on rockets up there, and there's millions starving down here. It don't make sense to me.

We cannot afford to deliberately cripple our cities by transferring public tax dollars to private entities for benefits that are unclear at best.